Key Statistics for Gap
The following data represents performance for the last month on Poshmark.
- Revenue Rank: #68
- Total Revenue: $210280
- Items Sold: 12807
- Average Sale Price: $16
- Unique Sellers: 10144
- Average Sales Per Day: 413
- Average Days to Sell: 95 days
Overview of Gap
Gap generated $210280 in revenue last month with 12807 items sold, averaging a price of $16.42 per item. 10144 unique sellers participated, and the brand ranked 68th overall on Poshmark.
Market Position of Gap
Gap's average price of $16.42 is significantly below the marketplace average of $40.38 per sale and the median sale price of $24. The brand ranks 68th in the marketplace, indicating it is a mid-tier performer, though its lower price point suggests it may be targeting budget-conscious buyers.
Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
---|---|---|---|---|---|---|
65 | Lauren Ralph Lauren | $214292 | 6856 | $31 | 5542 | 90 days |
66 | Salvatore Ferragamo | $212960 | 2093 | $102 | 1801 | 85 days |
67 | Doen | $212768 | 1617 | $132 | 1162 | 18 days |
68 | Gap | $210280 | 12807 | $16 | 10144 | 95 days |
69 | Under Armour | $206792 | 12043 | $17 | 8729 | 68 days |
70 | The North Face | $198435 | 6258 | $32 | 5202 | 7 days |
71 | Quince | $198008 | 5312 | $37 | 1828 | 51 days |
Sales Performance of Gap
Gap sold 12807 items, averaging 413.13 sales per day. The average days to sell was 95.10 days, significantly faster than the marketplace average of 2008.52 hours. The high sales volume compensates for the lower price point, allowing for considerable total revenue despite a lower-than-average revenue per sale.
Top Sellers of Gap on Poshmark
The top sellers for Gap last month were tiger_adrian ($331.00), ipws ($300.00), and midwesternstyle ($286.00). These sellers captured relatively small portions of the overall revenue, indicating a highly distributed sales network across many sellers, rather than domination by a few top performers.
Top Sellers List
- tiger_adrian - Revenue: $331.00
- ipws - Revenue: $300.00
- midwesternstyle - Revenue: $286.00
Recommendation 👌
While Gap's high sales volume and quick turnaround are positives, the lower price point and below-average revenue per sale may limit profitability for individual sellers. The brand is more suitable for sellers focusing on volume rather than high margins.
Suggestions for Sellers:
Sellers should focus on listing multiple items to take advantage of the fast turnover. Consider bundling items or offering discounts to move inventory quickly, especially since Gap's price point is below average. Sellers should also closely monitor profit margins to ensure volume compensates for lower individual sale prices.